Risk creates opportunity

Firms take steps to reduce their exposure

By

Paul Allen

Updated: February 16, 2010 10:32 pm GMT

Risk in all its forms – be it liquidity, counterparty, credit, currency, issuer, reputational or operational – has been brought into sharp and painful focus by the financial crisis. As a result, everyone from buyside and sellside firms to investors and regulators have become increasingly concerned about risk exposure and how to manage it better. And for the custodians, fund administrators and technology companies that service them, it is presenting not only greater pressures and burdens but opportunities too.